Facebook is giving an unprecedented amount of access to developers.
The API would allow, for example, a third party to recreate Facebook Photos, the most used photo application on the web.
There will be a special applications area on Facebook where users can browse and add third party apps. bought out My Space, there have been lingering doubts about the social networking site's profitability.The deal that the company signed with Google did put some of these doubts to rest, as it seemed likely that News Corp. But the fundamental issue of whether a popular social networking site is necessarily a cash cow remains up in the air. announced that in this past fiscal year, the company's interactive division (which is mainly My Space) turned a profit of million on revenue of 0 million. This division is still growing rapidly, so it's understandable that it would be putting a lot of money towards new investments.Citi Bank has collaborated with My Space to offer a credit card that will have a rewards program with things like access to My Space events and free music downloads.My days of decisions to apply for a fun rewards credit card are pretty much over; on that note, the age range that this is probably meant for is that of kids who still primarily use My Space.